FHBA Makes Buying First Home in Melbourne Easier

Check First Home Buyer Grants and Incentives For Metropolitan  Victoria (Melbourne) Residents

Step Into The Property Ladder Sooner in Melbourne

Planning to buy a new home for the first time

If you are, you might be delighted to finally own a place. But let’s not forget that it can be terrifying, mostly because the financial commitment to property purchase is significant. 

But FHBA brings a sense of relief to all first-time home buyers! The federal government offers different first-home buyer grants in Victoria, and first-home buyers can benefit greatly from financial assistance. 

With FHBA, explore some of the best  incentives that first-home buyers in Australia can make use of:

With FHBA Secure Your First Home Effortlessly

Stamp Duty Exemptions

No stamp duty for eligible first home buyers who purchase a new or existing dwelling under $600,000

Stamp Duty Concessions

Discounted stamp duty for eligible first home buyers who purchase a new or existing dwelling between the value of $600,001 and $750,000

FHBG Loan (NO LMI)

You can avoid LMI and buy your first home with as little as a 2% deposit if you are a single parent and 5% deposit for other eligible first home buyers. Generous price caps are also available in Melbourne.

Metropolitan Victoria FHOG

$10,000 grant for building or purchasing a new house / townhouse / apartment up to $750,000

HOW CAN FHBA HELP ME SECURE MY FIRST HOME?

Finance

Our expert coaches help you in the following ways:

  • Understand all the budgeting options.
  • Determine your borrowing capacity.
  • Offer suitable loan options.
  • Compile your loan application paperwork.
  • Assist you with applications for programs like FHOG and Stamp Duty concessions.

Research

Finding what you exactly want can seem impossible to achieve. But our partnered property experts help you find your dream home based on your budget, location, and property type. We help you find the best options to purchase brand-new properties. Additionally, our FHBA coaches assist with strategic negotiations for established homes.

Search

Buying a new home without insights into industry trends is a rookie mistake. But with our expertise, we provide guidance about current market trends that help you make informed decisions. With our assistance, you get insights into factors that may influence the market, helping you better understand financial & demographic aspects and competition.

Settle

Settle contentedly with your dream home! This is because we offer guidance for your contract review needs. We offer everything a first-home buyer may require, including the following:

  • Budgeting
  • Making an Offer
  • Property Valuation
  • Insurance Options
  • Negotiating

Pre-Approval Qualification Get the Best Home Loans for First Home Buyers in Australia

Now comes the most important part of any property purchase: Financing for your dream home!

Even if you have started saving early, budgeting will always be challenging. But with FHBA coaches (qualified mortgage brokers), we ensure financing is hassle-free when buying your first home in Melbourne

FHBA guarantees to find the best loan options and first-home-buyer grants in Melbourne! We help gain a competitive edge by planning and preparing to better understand borrowers’ financial situations. By doing so, every potential property buyer gains greater certainty and credibility. 

Next, we ensure we help you get the best financing options depending on your budget and borrowing capacity. Consequently, you can secure a home loan pre-approval for your first home purchase. In addition to getting pre-approval, we assist you in finding loan options for budget-friendly deals. 

Here is why collaborating with us will help you: 

With market-leading technology, our first-home buyer mortgage brokers compare your lending options. We promise to provide you with great deals for loans for first-home buyers suitable for you, including the following: 

Furthermore, we can help you find government-funded incentives. Some of these include: 

  • First Home Buyers Grant in Melbourne
  • First home buyer stamp duty, VIC
  • First home buyer LMI waiver scheme

Not buying a property instantly? No worries, get a complimentary discovery session with our experts, which is ABSOLUTELY FREE! In the session, a designated FHBA coach will assess your finances clearly, helping you plan a budget for your dream home in advance. 

Reach out to us for any queries or questions! 

Self-Estimate With FHBA’s Reliable Eligibility Estimator:

Disclaimer: The FHBA Eligibility Estimator is intended as an approximate guide only. It uses a mixture of the data you input, median property prices from APM PriceFinder, and estimated purchasing costs. 

You should not rely solely on the results of the Eligibility Estimator. Please contact an FHBA Coach (licensed credit adviser) for a more comprehensive and tailored estimate.

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Details

ESTABLISHED HOME?

With Stamp Duty concessions/exemption?

These two specialist first home buyer services will help you get on the front foot when you are ready to buy your first home:

PROPERTY REPORTS

Not sure when to buy your first home in Melbourne? If so, get detailed property reports that include property information (location, property type, etc.) and local market statistics. With FHBA’s comprehensive property reports, you can bid on properties confidently.

GUIDANCE AT EVERY STEP

We will not only help you obtain home loan pre-approval & pre-qualification or first-home-buyer grants in Melbourne. FHBA goes the extra mile to ensure all aspects of your first home-buying journey go smoothly!

Check Eligibility for FHOG NEW HOME

And one that is eligible for the FHBA 50 Rebate?

FHBA New Homes is a unique and 100% complimentary service to all VIC first-home buyers. The services are inclusive for different property types you are aiming to buy, including: 

  • A brand new house & land
  • Townhouse
  • Apartment

In addition, our guidance is available to properties, whether off-the-plan, under construction or completed new properties!

Meet our new home expert, who can help you compare and buy your first home in Melbourne. In addition to multiple options, find properties eligible for different schemes like VIC FHOG of $10,000 and stamp duty exemption (or concessions). There is no obligation to proceed with any of the property options.

To help you even further, we offer a cash rebate to eligible first-home buyers called the FHBA 50 Rebate. This puts money back in your pockets when you need it most—ask your FHBA Coach for details.

Get started now

Are you interested in one of the loans mentioned above? Or would you like more information on the home loans that are available to you? Simply complete the form below and a first home buyer expert (Broker/Coach) will be in touch with you: